Platinum Hotels

What Platinum Hotels does

Platinum Hotels, operated by K. Damani Hospitality Pvt. Ltd., is an Indian mid-market hospitality group operating three properties across two states: Platinum Inn (Vasna, Ahmedabad) with 34 rooms plus 1 Club Class room, Platinum Residency (Prahladnagar, Ahmedabad) with 20 rooms, and Platinum Royal Excellency (Udaipur, Rajasthan) with 39 rooms, totaling 83 keys. The group serves leisure travelers, families, wedding parties, and corporate clients through a horizontally segmented offering that includes room accommodations, pure-vegetarian F&B (SilverDine Restaurant, Beans & Leaves Cafe, and on-site restaurants at each property), seven banquet halls for weddings and corporate events, and specialized honeymoon packages. Pricing operates on a pay-as-you-go unit model with rack rates ranging from ₹3,100 to ₹8,000 per night depending on room category and occupancy level.

The company runs a direct-to-consumer distribution model through its own website (platinumhotels.in), phone reservations, and walk-ins, supplemented by listings on five major OTAs (Expedia, Agoda, Booking.com, Cleartrip, MakeMyTrip) and food delivery partnerships with Swiggy and Zomato for F&B off-premise sales. Underlying technology is standard hotel management infrastructure with no proprietary platform, no disclosed AI/ML capabilities, and no patents or trademarks on file. Revenue mechanics span room nights (categorized as subscription recurring in the dataset though functionally transactional), transaction-based F&B, and one-time event bookings. The group claims that Platinum Inn is used by 20% of India's Fortune 500 companies for corporate events, and has accumulated 4.1-4.7/5 ratings across 5,500+ Google reviews and 52-321 TripAdvisor reviews per property since 2012.

The legal entity was formally incorporated in 2018, with operations dating back to 2012. The company is privately held with no disclosed institutional funding, venture capital, or private equity backing, and operates independently through founder ownership. Recent product roadmap signals include an upcoming SPA and rooftop bar at Platinum Royal Excellency, indicating incremental amenity expansion within the existing footprint rather than aggressive new-market entry.

Name

Platinum Hotels

Legal name

K. Damani Hospitality Pvt. Ltd.

Website

https://platinumhotels.in

Company type

Private

Founded year

2018

Operating status

Operating

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Hotels (except Casino Hotels) and Motels (72111), Hotels (except Casino Hotels) and Motels (721110), Traveler Accommodation (7211)

SIC

Hotels & Motels (7011)

akta.pro industry

PRIMARYTHAGAAAL

Integrated Full-Service Hotel Complexes (Mixed-Use)

Travel & Hospitality/Lodging & Accommodation/Hotels (Full-Service)

SECONDARYTHAGAAAE

Business & Corporate Full-Service Hotels

Travel & Hospitality/Lodging & Accommodation/Hotels (Full-Service)

SECONDARYTHAGALAA

City/Urban Convention Hotels

Travel & Hospitality/Lodging & Accommodation/Convention & Conference Hotels

Keywords

• Hotel accommodations
• Wedding banquet venues
• Corporate event hosting
• Vegetarian fine dining
• Hospitality services

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Room Accommodations: Primary revenue from renting hotel rooms across three properties. Offers multiple room categories including Deluxe, Club, Super Deluxe, and Superior rooms with varying price points based on occupancy and amenities.
2. Food & Beverage: Revenue from multiple dining outlets including Silverdine Restaurant (multi-cuisine) and Beans & Leaves Cafe at Platinum Inn, plus restaurants at Platinum Residency and Platinum Royal Excellency. Also includes home delivery and outdoor catering services.
3. Events & Banquet Services: Revenue from hosting weddings, receptions, corporate events, seminars, exhibitions, birthday parties, and other social gatherings across multiple banquet halls with varying capacities.
4. Honeymoon Packages: Specialized package deals for honeymoon couples offered at all three properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Platinum Hotels operates a multi-property hospitality portfolio of three hotels (Platinum Inn, Platinum Residency, Platinum Royal Excellency) across Ahmedabad and Udaipur, offering rooms, multi-cuisine pure vegetarian restaurants, banquet halls, and corporate event facilities. The core offering is accommodation (Deluxe, Club, Super Deluxe, and Superior rooms) complemented by food and beverage, wedding/social event hosting, and corporate meeting services. Distribution is through direct website booking, OTAs, phone reservations, walk-ins, and food delivery platforms.

Product overview

Platinum Hotels operates as a hospitality group with three distinct hotel properties: Platinum Inn (Ahmedabad, Vasna), Platinum Residency (Ahmedabad, Prahladnagar), and Platinum Royal Excellency (Udaipur, Rajasthan). The portfolio includes budget-friendly and mid-range accommodations offering Deluxe Rooms, Club Rooms, and Super Deluxe Rooms across 34-39 rooms per property. Dining options include SilverDine Restaurant and Beans & Leaves Cafe (pure veg, multi-cuisine). Event services encompass multiple banquet halls (Diamond, Golden, Crystal, Ball Rooms, Emerald, Jade) for weddings and corporate events. Additional services include wedding planning, corporate event hosting, conference facilities, and special event packages. The group targets both business and leisure travelers in Gujarat and Rajasthan.

Differentiator

Problem solved

Functional benefit

Brands

• Silverdine Restaurant: Multi-cuisine restaurant at Platinum Inn offering quality cuisine
• Beans & Leaves Cafe

Products and services

• Platinum Inn Budget-friendly hotel in Vasna, Ahmedabad, with 34 rooms plus 1 Club Class room. Offers Deluxe Rooms and Club Rooms of 360 sq.ft., accommodating up to four guests. Facilities include mini bar, free Wi-Fi, satellite TV, AC, parking, and 24-hour room service. Targets leisure travelers, families, and corporate event clients.
• Platinum Residency Hotel property in Prahladnagar, Ahmedabad, with 10 Deluxe rooms and 10 Super Deluxe rooms (300 sq.ft. each). Located near S.G Highway and corporate offices, offering affordable luxury accommodations and banquet halls for events.
• Platinum Royal Excellency Luxury hotel in Udaipur, Rajasthan, with 39 air-conditioned rooms (225–260 sq.ft.) featuring hill views. Offers Deluxe Twin, Deluxe Hill View, and Superior Rooms with Balcony. Includes swimming pool, restaurant, cafe, banquet hall, conference room, and rooftop bar (upcoming).
• SilverDine Restaurant Multi-cuisine pure vegetarian restaurant at Platinum Inn, Ahmedabad. Features expert chefs, quality cuisine with soft music, and an intricately selected menu. Available for dine-in, home delivery, and outdoor catering.
• Beans & Leaves Cafe Italian, Mexican, and Continental cuisine cafe at Platinum Inn with show kitchens. Known for creating MahaBurger. Open late until 1:00 a.m. Features a blend of rustic ambience and Victorian architecture.
• Fine Dine Restaurant - Platinum Royal Excellency Pure vegetarian fine dining restaurant at Platinum Royal Excellency, Udaipur. Offers freshly prepared dishes with traditional Indian and creative plant-based options. 100% vegetarian cuisine.
• Banquet Halls - Platinum Inn Three banquet options at Platinum Inn: Diamond (5500 sq.ft., up to 500 guests), Golden (3750 sq.ft., up to 300 guests with 10000 Egyptian crystals), and Crystal (700 sq.ft., up to 60 guests with wooden flooring). Hosts weddings, receptions, and social events.
• Banquet Halls - Platinum Residency Four banquet options at Platinum Residency: Ball Room 1 (6000 sq.ft.), Ball Room 2, Emerald (832 sq.ft., up to 80 guests), and Jade. Suitable for weddings, anniversaries, and birthday celebrations.
• Corporate Event Services - Platinum Inn Corporate event hosting at Platinum Inn with 5 venues for simultaneous trainings, multiple meeting rooms, video conferencing, Wi-Fi, and top-of-the-line audio-visual system. Used by 20% of India's Fortune 500 companies for meetings, trainings, seminars, and conferences.
• Corporate Event Services - Platinum Residency Corporate meeting and training facilities at Platinum Residency with 4 venues for simultaneous trainings, meeting rooms, seminar spaces, and exhibition areas.
• Conference Room - Platinum Royal Excellency Conference facilities at Platinum Royal Excellency with state-of-the-art audio-visual equipment, high-speed Wi-Fi, and dedicated event support staff. Supports corporate meetings, seminars, and conferences.
• Event Planning Services Event organization services including Valentine's Day specials, food festivals, New Year's theme parties, FIFA World Cup screenings, IPL match screenings, and DJ nights. Features banquet halls, food organizers, and experienced planners.
• Honeymoon Packages Romantic honeymoon packages available at Platinum Inn and Platinum Residency with special touches and amenities designed for newlyweds.

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• FabHotels: Aggregator of budget hotels in India with strong presence in mid-budget segments. Comparable in addressing budget-conscious travelers and corporate clients, though operates an asset-light model.
• Treebo Hotels: Asset-light budget hotel aggregator targeting business and leisure travelers in tier-2/3 cities. Comparable in price point and customer profile, but uses a franchise/aggregator model rather than owned properties.

Direct peers

• Ginger Hotels (Indian Hotels Company): Tata-owned mid-budget hotel brand with pan-India presence including Ahmedabad. Comparable in smart-budget positioning targeting both business and leisure travelers with standardized rooms and limited F&B.
• Lemon Tree Hotels: One of India's largest mid-market and upscale hotel chains with properties across tier-1 and tier-2 cities, including Ahmedabad and Udaipur. Directly comparable in mid-segment full-service positioning with F&B and banquet offerings.
• Sarovar Hotels: Mid-market to upscale hotel chain with 100+ hotels across India. Comparable in tier-1/tier-2 city presence, corporate client focus, and banquet/event offerings.
• Fortune Hotels (ITC): Mid-market to upscale hotel chain with locations across India. Comparable in tier-1/tier-2 city presence, multi-cuisine restaurants, and banquet/event positioning.
• The Fern Hotels: Eco-friendly mid-market and upscale hotel chain with strong presence across India. Comparable in mid-segment positioning with focus on F&B, banquets, and corporate events.
• Regenta Hotels (Royal Orchid): Mid-market and premium hotel brand with multiple properties across business and leisure destinations. Comparable in full-service model with restaurants, banquet halls, and corporate event facilities.
• Keys Hotels (Citrus Grand): Mid-scale hotel chain with strong presence in tier-2 and tier-3 markets in India. Comparable in room size, banquet offerings, and mid-market full-service positioning.

Broad incumbents

• OYO Rooms: Largest hotel aggregator in India with massive footprint in budget and mid-budget segments. Comparable in target customer (budget-conscious travelers) and competitive overlap in Ahmedabad/Udaipur, though operates an asset-light aggregator model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/platinum-hotels

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Platinum Hotels